Related posts:No related photos. Diageo, the British food and drink group which sells Johnnie Walker whiskyand Guinness, announced a restructuring of Pillsbury, its US food business,fuelling speculation it may seek an exit from some or all of its foodactivities. The restructuring, which will result in 750 job cuts, will include”a strategic focus on the company’s dough-based business”, Pillsburysaid on Wednesday. Some analysts were disappointed with the flat performance ofPillsbury at Diageo’s last results announcement, prompting speculation that asale or spin-off may be on the cards. A sale could generate heavy tax charges,however, and Diageo could have to sell its Burger King fast food chain to makesuch a deal possible. FT.comRailtrack draws up £52bn “wish list”Britain’s rail network needs a record £52bn spent on it over the next 12years, Railtrack chiefs admitted last week. Railtrack launched its “wishlist” of what needs to be done to make the railways fit for the 21stcentury – but said it did not have the cash to do it. It put the onus ontransport secretary John Prescott, the rail authorities and the passenger traincompanies to decide what improvements were needed most – and who would sharethe cost. The spending programme is nearly double that forecast by Railtracklast year. This Is LondonSurprise bid for insurer tops predicted priceNationwide Mutual, the sixth largest US life insurer, has agreed to buyGartmore Investment Management, which manages money for many UK company pensionfunds, for £1.03bn. The surprise bid was accepted by the Royal Bank ofScotland, which acquired Gartmore as part of its successful hostile bid for theNatWest. The price comprises net assets of £110m, and goodwill of £920m.Nationwide’s offer, which was considerably higher than the initial £600m pricetag predicted, beat offers from CGU, ABN Amro, Credit Suisse Asset Managementand Unicredito Italiano. FT.com Previous Article Next Article Business news: food group planning a dough-based reshuffleOn 4 Apr 2000 in Personnel Today Comments are closed.
Canadian developer of hydrokinetic systems for tidal and inland applications Instream Energy Systems has named Joe Hussey as its Engineering Manager for the UK.Hussey joins Instream from ITPEnergised, where he was the head of the offshore group, providing R&D and technical consultancy services to wave, tidal, and offshore wind projects in the UK, Europe, US, and Asian Pacific region.In his new role as Engineering Manager UK, Joe will support Instream in their engineering and development activities within the UK and abroad, the company informed.Hussey said: “I firmly believe in the contribution that tidal stream energy can make to affordable, renewable energy and believe that Instream has the right strategy to make this a reality.”Ken Miller, President of Instream, added: “This is a milestone for the company and will help us realize our development goals in the UK and abroad. With BAE Systems as our design partner we have ambitious commercial development plans and are pleased with the foundation of partnerships and projects we are building in the UK.”To remind, Instream was selected to receive financial support from the National Research Council of Canada in October 2015 for the project run in cooperation with IT Power Consulting, part of ITPEnergised Group, to complete Instream’s second generation platform design for the deployment of its multi-turbine hydrokinetic system array.In October 2016, Instream, along with seven other tidal energy developers, secured access to the testing berth at the West Anglesey Demonstration Zone in Wales. read more
Two players really let us down in last week’s Yahoo daily fantasy football cash lineup — and they were the two we least expected. Drew Brees and David Montgomery flopped despite highly favorable matchups. Golden Tate, Travis Kelce, D.J. Moore, Christian McCaffrey, and the Ravens D/ST came through in big ways, and DeVante Parker and John Brown provided good enough floors for cash, but our QB getting held out of the end zone really hurt. Regardless, we had the right idea, so we’ll keep up our process for our Week 11 NFL DFS cash lineup picks.We’re going right back to the well with Brees, who has another fantastic matchup and can’t possibly be held without a touchdown again…right? We’re also paying up for McCaffrey and picking on the Lions run defense with another top back. WEEK 11 NON-PPR RANKINGS:Quarterback | Running back | Wide receiver | Tight end | D/ST | KickerThe key to this lineup is George Kittle (knee) once again being out so we can play “free square” Ross Dwelley at the minimum in the best possible TE matchup. If Kittle is active, we’ll have to reconfigure several players in this lineup.WEEK 11 PPR RANKINGS: Running back | Wide receiver | Tight endWeek 11 Yahoo NFL DFS Lineup: Picks, Advice for cash gamesQB: Drew Brees, Saints @ Buccaneers ($36). There’s no way Brees will get held out of the end zone two straight weeks against terrible pass defenses. No chance, no how. Can’t happen, won’t happen. Scientifically impossible. (Sorry, we’re just trying to convince ourselves.) Brees looked bad last week and padded his yardage total in garbage total, but the Bucs are allowing the second-most fantasy points per game (FPPG) to quarterbacks, so it’s not a bad idea to bet on a bounceback. RB: Christian McCaffrey, Panthers vs. Falcons ($41). You almost have to have McCaffrey in cash lineups. Last week, we saw top backs Saquon Barkley, Ezekiel Elliott, and Alvin Kamara flop, but McCaffrey rarely struggles at all. We’ll pay up, especially against a bad defense. RB: Ezekiel Elliott, Cowboys @ Lions ($34). Zeke struggled last week against a good defense, and our pick, David Montgomery, struggled last week against the Lions. We’ll bet on sharp regressions to the mean for both, as Zeke is too talented to get shut down again and the Lions are too bad at run defense (second-most FPPG allowed to RBs) to shut anyone down again.WR: DJ Chark, [email protected] Colts ($19). There’s some risk in playing Chark with Nick Foles back under center for the Jaguars, but the fact he’s Jacksonville’s No. 1 receiver shouldn’t change. He’s averaging 7.8 targets per game, and it’s worth remembering that Chark caught his first TD of the season from Foles (on the play in which Foles hurt his shoulder). The Colts are slight above average at limiting fantasy receivers, but given Chark’s modest price, he should still pay off. WEEK 11 DFS LINEUPS:Y! GPP | DK cash | DK GPP | FD cash | FD GPPWR: Tyler Boyd, Bengals @ Raiders ($19). Boyd was banged up late in Cincinnati’s loss to the Ravens last week, but assuming he plays, he’s in a good spot here. With only one touchdown and just two games above 68 yards, Boyd hasn’t had many big performances, but he averages 6.3 receptions and 66.4 yards per game, showing his generally solid floor. The Raiders allow the third-most FPPG to WRs, so, like Chark, Boyd should pay off his value price on sheer volume. Any touchdowns or big gains are just a bonus. WR: Jamison Crowder, Jets @ Redskins ($16). Crowder fills the same role as Boyd — steady possession receiver in a favorable matchup at a fair salary. The Redskins have been better against the pass lately, but facing some limited pass offenses (one in bad weather) have helped inflate their stats. Crowder has turned in back-to-back 80-plus-yard games against weak pass defenses, so even if his two-game TD streak is snapped, he should see plenty of targets and gain plenty of yards to pay off his price tag. MORE WEEK 11:Waiver wire | FAAB planner | Trade values | Snap counts | Fantasy playoff SOSTE: Ross Dwelley, 49ers vs. Cardinals ($10). This all depends on Kittle (knee) being out. Assuming he is, Dwelley will be a chalky option at the minimum, but with the Cardinals allowing at least one TE touchdown in all but one game this year, there’s no reason for him to be faded. Take the savings and pay up elsewhere. Aside from maybe Darren Waller, no other high-priced TE is worth paying up for this week anyway, as even the ones in favorable matchups (Gerald Everett, Jared Cook) tend to be inconsistent. MORE WEEK 11 DFS: Values | Stacks | Lineup BuilderFLEX: Kalen Ballage, Dolphins vs. Bills ($11). Let’s focus on the positive: Ballage had 24 touches last week. Now, the bad: He gained just 45 total yards. Moreover, the game script was pretty much ideal for him, as Miami either led or was within a field goal the whole game. If Miami falls behind this week, he could see half those touches, and at his season average of 2.1 yards per carry, that won’t yield many points. But $11 for a starting RB with 20-touch upside? We have to take him. At some point, Ballage will fall into the end zone, like he’s already done twice this year while serving as the No. 3 back, so this is a value even if it doesn’t feel like it. It doesn’t hurt that Buffalo is allowing the 10th-most FPPG to backs. D/ST: Jets @ Redskins ($14). Dwayne Haskins and the Redskins didn’t turn it over in Haskins’ starting debut last week in Week 9, but Haskins did take four sacks and Washington managed just nine points. Over its past three games, the Redskins have scored 18 total points, allowed 11 sacks, and have turned it over three times. The Jets have 12 sacks and three takeaways over the past three games — not great, but it’s good enough to make them a decent play in a week devoid of obvious values. read more